## **Dereham Baptist Church** ## **Statutory Information** ## **Registered Address:** Church Office, Church Annexe, Norwich Street, Dereham, Norfolk NR19 1BX Charity Registration Number: 1127482 ## **Trustees** Rev. Nigel Bayley – Lead Minister appointed 16[th] May 2017 (Chairman) Rev. David Ward - Associate Minister appointed 1[st] August 2017 Marcos Hernandez Minister ## Frances Cracknell Secretary Ian Clarke Deacon Paul Farmer Deacon Mark Cockbill Deacon David Pyman Deacon Liz Goddard Deacon Fraser Morrison Deacon Derek Mann Deacon Julie Mann Deacon Ian Gardner Elder Richard Cracknell Elder Jessica Kirkham Elder Trevor Humphrey Elder ## **Property Trustees** The Baptist Union Corporation Limited, Baptist House, 129 Broadway, Didcot, Oxfordshire, OX11 8RT ## **Bankers** Barclays Bank, 34, Market Place, Dereham, NR19 2AS ## **Independent Examiner** Eric Southwick BA(HONS) FCA FCIE DChA Eric Southwick & Co, Chartered Accountants, 51 The Avenue, Seaham, Co. Durham, SR7 8NS ## **Annual Report for the period 1[st] January 2021 to 31[st] December 2021** The Trustees present their Annual Report and financial statements for 2021 ## **Public Benefit** The trustees have had due regard to the Charity Commission guidance on public benefit reporting in deciding what activities the charity should undertake. The remainder of this report illustrates the activities undertaken to support the public benefit requirement. ## **Charitable Object** **The Charity is governed by an Approved Governing Document which states that the principal purpose of the charity is the advancement of the Christian faith according to the principles of the Baptist denomination to include the advancement of education, community service and such other general charitable purposes in such parts of the United Kingdom and the world as the Church shall determine.** **The Church occupies premises which are held by the Baptist Union Corporation Ltd, on Trusts which are entirely compatible with the above object.** ## **Organisational Structure and Decision Making Process** Members of the church are accepted in accordance with the Constitution which requires them to have been publicly baptised by immersion upon personal profession of faith in Jesus Christ, with the Church members’ Meeting exercising discretion in exceptional cases. The members Meeting normally takes place six times a year and has responsibility for the overall policy of the church. In accordance with the Constitution, the members appoint trustees who together with the Minister(s), Church Secretary and Treasurer (who are also appointed by the Members), and collectively known as the Leadership and are responsible for the day to day running of the church’s work and witness, and the financial and legal tasks involved in the furtherance of the charitable objects. Due to Covid 19 and lock down measures members meetings were disrupted. Once permission and regulations were met, a meeting was held in September 2020 to elect new members to the Leadership team. This was held partly in the building, with Covid regulations met, and virtual members on line via Zoom. Finance had been approved in the January meeting and submitted to the Charity Commission once audited. The Leadership team continued to meet virtually and once guidelines etc in place in the church building. Members were kept up to date at regular intervals via emails. Relevant matters may be submitted to the Church meeting by the Trustees for guidance, or may be raised by members in Church meeting for further consideration by the Trustees. Though the Constitution permits decisions to be made at Church meetings by appropriate majorities, the Church seeks to work by consensus wherever possible. ## **Objectives and Activities** In order to achieve the principal objective which is set out above, the Church provides a variety of activities both to its membership and to the community generally. The aim is to show the love of Jesus Christ in both word and deed and to bring people into a closer relationship with Him as living Lord. ## _**Summary of the main activities in relation to these objectives** . (Activities were suspended during Covid and lock down.)_ - Central to the work and witness of the Church is the provision of regular public services of Christian Worship. Services take place at 9.00 am on two Sundays a month, 10.30 am each Sunday and on Saturday evenings at 6 pm which is a Portuguese Speaking Service. - There are also occasional services at other times. All services are advertised on the church website at www.derehambaptist.org. There is a full children’s programme during the 10.30 am morning Service, and 6 pm Saturday service. The church seeks to be a friendly and welcoming community and anybody is free to attend any of these services. - The church runs a series of both morning and evening connect groups for growth and discipleship in the homes of various members. Further details are obtainable from the church office. - The church runs a Community based project group for parents and children once a month on a Sunday morning in the village hall in Toftwood about a mile away and also on a Wednesday morning. An All Age service at the church once a month. - Men's Shed meet regularly and a group called CRIB for those who have sadly lost a child. - The church runs various groups for Youth during the week. - The church runs Oasis twice a month which is a drop-in for adults. - The church runs a Coffee Shop on Friday mornings (Market Day) for all ages of the Community. - The church runs discipleship and Alpha courses at various times. - The church supports Missionaries abroad. - The church runs occasional Open Days, Fairtrade and other events which are open to the public to attend. - The church supports migrant workers by holding English classes one evening a week and also sign language lessons. - The Church runs a Listening Service in the Christian Bookshop Mon-Fri mornings each week. The Community Fridge project is also held here. - The Church works with other churches on joint projects such as Town Pastors and Foodbank - The Church operates systems to ensure that all people working with children , young people and vulnerable adults are appropriately vetted with regard to the Disclosure and Barring Service. - The church facilitates a Job Club and money course for the unemployed weekly and has this year opened a CAP Debt Centre - The church is active in the community, i.e. Town carnival and switching on of Christmas lights. Dereham is a dementia friendly town. ## **Achievements and Performance.** The church does not measure the success of its programme solely in numbers, either numerical or financial but also in less tangible areas like fellowship and encouragement. The Trustees recognise that these are difficult to measure but believe that 2020 was a positive year in the life of the church and that it will be able to continue to pursue its mission purposes in 2021. 0 Baptisms were conducted st during the year and at 31 December the membership stood at 185. Small groups and video messages were put in place during lock down with a regular and good response whilst keeping within Government guidelines ## **Financial Review** The church continues to raise the funds which it needs to carry on its activities from within its own membership and congregation. The Church is served by Rev. Nigel Bayley as Lead Minister and Rev. David Ward as Associate Minister. The church is also served by Pastor Marcos Hernandez as part-time Pastor to the Portuguese speaking congregation, and continues to provide pastoral care and support for the Portuguese congregation. (Again services were suspended due t o Covid 19) The church expressed its part in the life of the wider church by making grants to other Christian organisations both in this country and abroad whose aims and objectives are compatible with the church’s own charitable purpose. The church is heavily dependent on its membership working as volunteers in all aspects of the church’s activities. Many of these have little impact on the church finances but contribute greatly to the achievement of the church’s objectives. The mortgage repayment for the additional property purchased in 2015, which is the Second Manse, has now been completely repaid due to the generosity of the congregation and members. In 2019 the membership agreed to rent a shop which would be larger premises for the Christian bookshop (Green Pastures), which contains a Community area together with an office to facilitate CAP Debt Centre and Love Dereham, and a smaller shop premises for use by DBC, and the 4C's counselling service. Green Pastures, Love Dereham and the 4C's counselling service are all listed charities. The financial results for the year are set out in the church accounts which accompany this report. The Trustees have established a Reserves Policy which equates to the equivalent of one month’s income. They are satisfied that they have sufficient reserves, together with anticipated ongoing income to function effectively during the coming year. The Trustees have made an assessment of the major risks facing the church and are satisfied that there are policies in place to minimise these risks. ## **Declaration** The Trustees declare that they have approved the Trustees’ report above. Signed on behalf of the Charity’s Trustees Signaturès Nigel ayley Ministerlchairman Lead Frances Cracknell Church Secretary Date Dereham Baptist Church Annual Ac¢ounts for the period 1st January 2021 to 31st Docgmber 2021 Charlty Numbor: 1127482 Section A statement of financial activities Details of own analysis Unre$triGted funds R88trlcted funds Total th18 year Totsl last year Incoming rosources {Note 3> Donations and Legacies Incoming resources from charitable activities 170,S83.31 35,535.00 206,118.31 192,682 13,441.83 13,760.34 14,858 Other Trading activities Investments 0.00 o.oo', 0.00 3.62 4.12 20 Other incoming resources Total incoming resources 20.00 458 184,028.76, 35,874 01 219,902.77 208,018 Resources expended INote8 4-7} Expenditure on Charrtable Activities 185,493.79 13,940.53 199,434.32 171,441 other Expenditure 0.00 20.00, 20.00 471 Total resources expended 185,493.79 13,960 53, 199,454.32 171,912 Net Incomlngl(outgolngJ resources before transfers -1,465.03 21,913.48 20,448.45 36,106 Gross transfer8 between funds 8,706.001 {8,706.001 0.00 Not incoming/(outgoing) resources before other recognised gains/(losses) 7,240.97 13,207.48 20,448.45 36,1C6 Other recognlsed galnsl(1088es) Gains and losses on revaluation of fixed assets for the charity's own use Gains and losses on investment assets o.oo 0.00 0.00, 0.00 0.00 O.OOi 13,207.481 Net movement In funds 7,240.97 20.448.45 | 36,106 Total funds brought for4vard 29,209.65 15,874.92 45,084.57 8,979 Total funds carried fonv8rd 36,450.62 29,082.40 65,533.02 45,085 Section B: Balance sheet Unrestrlcted funds Restricted Income funds Total layt ygar Totsl thls year Tanglble fixed assets Buildings (Note 81 FuMitU￿ and equipment (Note 81 Investments F01 F02 F04 F05 3,307.074.00 132,011.00:, 3,873.001 3,442,958.00 0.00 3,307,074.00. 132.011.00 3,085.516, 126.638 0.00 0.00 3,873.00 3,442,958.00 0.00 3,212,154 Current assets Stock and work in progress Debtors {Nole 91 {Short lerml investments Cash al bank and in hand 0.00, 6,654.131 0.00 0.00 0.00 6,654.13 0.00 5,503 0.00 52.256.63 58,910.76 29,082.40 81,339.03 87,993.16 67,415 1 72,918 Total current assets 29,082.40 Creditors: amounts fallin9 due within one year (Note 10) 1,144.14 0.00 1,144.14 2,593 Net current a$$ets/(liabilities) 57,766.62 29,082.40 86,849.02 70,325 Total assets less current liabilities 3.500,724.62 29,082.40 3,529,807.02 3,282,479 CreditOTS'. amounts falling due after one year (Note 101 Provisions for liabilities and charges 21,316.00 0.00 21,316.00 25,241 0.00 0.00 0.00 Net assets 3,479,408 62 29.082.40 3,508,491.02 3,257,238 Fund$ ofthe Charlty Unrestricted funds 36,450.62 0.00 36,450.62 3,442,958.00 29.082.40 0.00 29,209 3,212,154 15,875 Unreslricled Fixed Asset Funds 3,442,958.00 0.00 0.00 Restricted income funds (Note 111 Endowment funds 29,082.40 0.00 0.oo Total funds 3,479,408.62 29,082.40 3.508,491.02 3,257,238 Signed on behalf of all Ihe Iwstees nature Date of approval Print Name Nigel Richard Jonalhan Bayley L.tr2- ', lan Gardner 20 Section C Notes to the accounts Note 1 Basis of Preparation Basis of Preparation The accounts have been prepared in accordance wth the Accounting Regulations Set out under thè Charities Act 2011, Financial Report￿rt9 Standard 107 IFRS 1021 and Vrith the Charitie5 Stat8m8nt of Recommended Prdctice IFRS 1021120191. The church is a public benefit entty. There have been no change to tho accounting policie$ 8inr£ last year. Chan985 in basi5 of acLounting Changes to P￿￿oU$ ac£ounts No Changes have been rnade to accounts for previous year5. however, the accounts are now produced under FRS 102. thi8 has not requirad any ￿$￿t￿ment to the a￿OUnts and tODk eNe¢t. from 01 January 2016. Note 2 Accounting Policie5 Incoming resources Recognition tsl in¢omlng r•sour¢ These are IndUd￿ in the Staternent of Financial Activitws ISOFAI when.. the charity becune5 entiued to the ￿sOurCes., the trusteès ar8 Virtualty certain they will receive the re$our¢es'. and the monetary value ¢an be measured with sufficient reliability. Incoming resource5 wth rglatsd Where incoming resource$ have related expenditu￿ las with fundiaising or contract inthnel the incorning expenditsrre resourtss and r818tsd èxpenditure are reported gross In the SOFA. Grants and dtsnationg Grants and donations are only included in the SoFAwhen thè ¢harity has UncOnd￿"0nal enti1e￿*nt to the rèsources. Tax reclaims on donations and Incoming resources from tsx redairns atè induded in Ihe SOFA at th• same time a5 the gift to which they gift8 relats. Taxatlon The ¢hur¢h is exernpt frorn taxation on it8 incorne and gains where they art applied for charitablo purposes. Irrecoverable VAT 18 included in the cost of goods or serwic8s on which itwas charged. This is only induded in the SOFA once the relatsd goods or Servi￿ have been delivèrad. Contractual incorne and performance reiat•d grants Voluntser help The value of any voluntary help received is not induded in the accounts but is doscribed in the trustees, annual rgporL This is Induded in the accounts when received. This in¢lude$ 8ny gain or loss on the sale of inv8sknents and any gain or loss ￿SuI￿n9 frorn revaluing imiastrnents to matket valu8 attha end of Ihe year. Investmont income Invostment 9aln$ and 1088e8 Expendlture and liabilitles Liability rgcognltlon LIabil￿e3 are recognIs￿ a5 500n as there is a legal or constructive obl¥ation commitb'ng th8 charity to pay out resources. Include costs of the preparation and eXamIna￿"0n of statutory accounts. the ¢03ts of trustee w*etings and rx8t of any legal advico to twstees on gov$mance or Constitutional rnattets. Most of the management 15 carried out without charge. Where the th8rity gives a grant wtt) (onditions for it5 payment being a spacific level of servic8 or outpuito be provided, such grants are only recognisod in the SOFA once the recipvènt of the grant has provided the sPe￿r￿d 5ervi¢e or output. Grants payable without These are only recognk5ed in the accxjuntswhen a commitment has beèn made and Iher8 8r& no fxinditions perfomiance conditions to be met relating to the grant which remain in th8 control of the charity. Fund raising and publl¢lty ¢o$ts Thè churth does notmak8 fomiaS appeals for fuThds, and expendits1￿ on th8S8 items is therefore not material. Govgrnance costs Grants with yrfomiance conditions Assets Tangibl8 r￿e￿ a889ts for u88 by Thè d)ur¢h prernises ar8 included in the balance sheet at Insurance value because ￿liable c05t charity Info￿￿#tIOn is not available, and valuation would incur Significant Costs which would be onerous ￿mPared ith the a￿d￿ana1 benefit gain8d by tt)e user of the accounts. The Manse prerni5es a￿ $tsted at insured value. Furniturt and equipment is staled at insured value. preuation has not been charged on the Church or Manse premises. bacaust in the opinion of thè Trustees. the residua1 value of thè asset is not less that the original wst price. Depre￿atIOn has not l)een ¢harg8d on FuMitU￿ and equipment. These are Shown at Insuffjd valu8. Items below £2SO are not capitalised Inve$bnents quoted on a recognised Stock exchange are valued 8t market value at the year 8nd. Other investrnent assets are induded at trust8e5' best estimate of mathet value. Inwstm¢nts Stocks and Work In progr888 These are valued atthe lower of Cost or market value. Section C Notes to the accounts Contd. Note 3 Analysis of incoming resourGes Donations and Legacies This year Last year Unrestricted Restricted Offerings Other Donations Portuguese offerings Tax Refunds Grant Income Totals 125,984.77 992.04 1,129.00 14,848.00 0.00 127,113.771 15,840.04 15,135.91 29,130.59 18,898.00, 206,118.31 120,598 20,965 13,713 27,406 10,000 192,682 15,135.91: 28,070.59 400.00 1,060.00 18,498.00, 35,535.001 170,583.31 Incoming Resources from Charitable activities Events Income 0.00 0.00 0.00 Traidcraft Income other Income Organisations 2.40 0.00 2.40 30 12.396.57 318.511 12,715.08 1,042.86 13,760.34, 13,054 1,774 14,858 13,441.831 318.51 other Trading Activities Property Rent 0.001 0.00 Investment income Bank Interest 3.62: 0.50 4.121 20,, Other Incoming Rasources 0.00 20.00 458 Total Incoming Resources 184,028.76 35 874.01 219,902.77: 208 018 Section C Notes to the accounts Contd. Note 4 Analysis of resources expended This year Last year Unrestricted Restricted Expendlture on Charitable Activitles Ministry Establishment Giving Restricted Giving Educationloutreach Administrationlsupport Organisations Pension Contributions in respect of past deficit Other 91,576.41 43,078.07 26,196.00 0.00 91,576.41, 52,730.721 26,196.001 1.019.00' 3.132.271 27,995.02, 709.90 (3,925.00)i 95.916 50,IY+1 24,440 667 9,652.65 0.00 1,019.00 828.83 2,303.44 25,554.97 709.90 3,926 10,393 2,013 {15,959.001,, 2,440.05 0.00 (3,925.001 0.00 0.00 0.00 0.00 185,493.79 13.940.53 199.434.32 171,441 Other Exp8nditure 0.00 20.00 20.00 Totsl Expenditure Charitable activities Other expenditure 185.493.79 o.ool 13.940.53 i 199,434.32 20.00 171,441 TOTALS 185,493.79 13,960.53 199,454.32 171,912 Section C Notes to the accounts contd. Note 5 Details of certain items of expenditure Trustee Remuneratlon and expenses Trustee expenses were paid to Nigel Bayley, David Ward and Marcos Hemandes. The authority to make these payments is contained in the Church's goveming document, the payments being for their services as Ministers. ThiB Yèar L•st Yoar Nigel Bayley Stipend + Nl Pension Costs Conference, travel and cost of books Total Amount paid 30,751, 3,625 559 34,935 3,690 488 35,931:, David Ward stipend + Nl Pension Costs Conference, travel and ¢ost of books Total Amount Paid 3,1451 259 29,186, 50 Ma￿oS Hemandes stipend + Nl Pension Costs Conference, travel and Cost of books Total Amount paid 12,451 12,1131 600 58 13.082 Fees for oxamination or audit of the accounts Thls year Last year Independent examiner's for reporting on the accounts 700 665 Note 6 Paid employ¢e$ 6.1 Staff Costs This year La$t year Gross Stipends, salaries, wages and benefits in kind Employerfs National Insurance costs Pension costs Pension costs in respe¢t of past service defie5t Other costs- Council Tax, water,telephone Totsl Stsff costs 78,934 2,240 6,941 4,419 75,200 1,448 7,370 3,643 90,g16 97,856 Note.. Costs shown in 5.1 are included here also 6.2 Average number of employtss in the year This year Last year Engaged in Charitable acb'vities No employee received emoluments in excess of £60,000 during the year 12020 nonel Two trustees, who are also employees, lived in housing wholly owned by the church Section C Notes to the accounts contd. FRS102 Penslons disclosure The Church is an employer participatiThJ in a *nsion s¢heme known as the Baptist Pension Scheme I'the S¢herna"l. which ￿ adrn1n1ste￿d by the Pension Trustee (Baptist Pension Trust Limited). Thè Scheme is a separate legal entity and the assets of the Scheme are held separately from those of the ErnpSoyer and the other partiopating employets. For any month, each participating ern￿Oyer in the Sch8mè pays Contributior￿ as s8t out in the Schedule of Contributions in fo￿ at that time. The Scheme is considered to be a muMi*mployer scheme as described sn Sects'on 28 of FRS 102. This is because it is not possible to attribute the Scheme's assets and liabilities to specific employers and means that contributions are accounted for as if the Scheme were a defined contribution scheme. The pensions costs charged to the SOFA in the year are contributions payable towards benefits and expenses accrued in that year, plu8 any impact ol deficiency contributions lsee below). The Ministerlsl land some rnernber5 of the church staffj is l are elvJible to Join the S¢heme. From January 2012, pension provision 18 being made through the Defined Contribution (DCI Plan wthin the Scheme. In general, rn￿m￿r$ pay 8Vo of their Pensionable Incorne and employers pay 6Yo of members. Pensionable Income into individual pension accounts. which are operated and managed on behalf of the Pension Trustee by Legal and General Lrfe Assuran￿ Sooety Limited. In addition, the employer pays a further 4°h of Pensionable Income to cover Death in servi￿ Ben&fts. adrninistiation costs, an associated insurance policy which provides income protection for Soheme rnembers in the event that they are unable to work due to1ong-terrn incapacity. This income protection policy has been insured by the Bapts"st Union of G￿at Britain with Aviva plc. Imembers of the Basic Section pay reduced contribLrtion$ of Syo of pensionab￿ Income, and th81r employers also pay a total of 5U/a.l The further 4% contnbubon rate is reduced to 3% for Employer ¢onlTibution$ made to the Segregated DC Arrangement. Benefits in respect of servKe prior to 1 January 2012 are provided through the Defined 8enefit IDBI Plan within the Scheme. The main benefits for pre-2012 service were a defined benefit pen$ion of one eighbeth ol Final Minimum Pensionable Income for each year of Pensionable Servi￿, together with additional pension in respect ol p￿ miums paid on Pensionable Income in ex￿$$ ol Minirnum Pensionable Income. The Scherne. previously known as the Bapti8t Ministers, Pension Fund, started in 1925, but was closed to fvture accrual ol defined benefit5 on 31 December 2011. Actuarial valuation as at 31 D•eember 2019 A fomial valuation of the c￿fined Benefit ID81 Plan was perfornied at 31 December 2019 by 8 professionally qualifi8d Actuary u5Ing the Projected Unit Method. The market value of the DB Plan assets at the valuation dat8 wa5 ￿98 million. The valuation of the DB Plan rèvèaled a deficit of assets compared with the value of liabilitie5 of £18 million lequNalent to a past service f￿r￿ing level of 94%). The Church and the other employer5 SUPPOrting the DB Plan are collectively $ponsible for funding this deficAt. The key assumptions underlying the valuation were as follows. Type of finantial assumption RPI price Inflation assutnption 'hpa 3.20 CPI pnce inflation assumption Minimum Pensionable Income increase6 (CPI plus 0.750A pal Assumed lnVestrr￿nt relums 2.70 3.20 - Pre-￿tIrernent 2.95 - Post retirernent Dèferred pension increases - P￿ April 2009 Post April 2009 Pension increases 1.70 - Main Schema pansion Pr8 April 2008 2.70 Section C Notes to the accounts contd. Post-retyrernent mortality in accordan￿ wrth 80% ofthe S3NFA and S3NMA tsbles. with allowance for futura improvements in mortality rates frorn 2013 in line wrth the CMI 2019 colè projections. wth a long term annual rate of improvement of 1.75% for males and 1.5% for ferna￿$. with the CO￿ smoothing parameter and wrth addrtional inrtial mortality improverrent factorA-0.5%. The next actuarial valuation ofth8 DB Plan wrthin the Scheme ￿ due to take pla￿ no¢ Lqterthan ￿ at 31 December 2022. R•¢ovory Plan In addition to the wntributions to the DC Plan set out above. where 8 valuation of the DB Plan rèveaL% a deficit the Trustee and the Council agree to a rate of defiriency contributions from churchès and other employers invofved in the DB Plan. Undèr tha currant Recovery Plan dated 16 DecernL*r 2020, deficiency contributions a￿ payable until 30 June2026. These ¢ontribution5 are brosdty based on the employerfs membership at 31 December 2014 and increase annually in line with inc￿ase$ to Minimum Pensionable Income as defined in the Rulès. However. the Trustee and the Council agreed a 50% r8duets.on for all deficiency contributions payable between 1 July 2020 and 31 De￿rnber 2020. Movement In Balance Sheet liability Section 28.11A of FRS 102 requires agreed ¢Jeficft recovery payrnents to be recognised as a liability. The movernent in tha provision is set out in the table below. A¢¢ountiny date lyear endingl.. 31 December 2021 31 December 202 Balance sheet liabilty at year stsrt Minus deficiency contributions paid Interest cost Irecognised in SOFA) Remaining change to balance Sheet liabiliv {re¢ognised in SOFA) Balance sheet liability at year end £25.241 £41.200 -£4,419 -£3,257 £253 £873 £241 -£13,375 £21,316 £25,241 - Comprises any change in agreed deficrt ￿0Very plan and change in assumptions belMJe8n yearénds. This liability ￿preSentS the present Value ol the deficit contributions agraed as at the a¢counting date and has been valued using the followng assumptions set by reference to the duration of the deficrt ￿¢0very paymènts." Accounting date 31 December 2021 31 December 2020 31 December 2019 Dlscount rale 1.1% 1.1% 1.7% Future increases lo Minimum Pensionable Income 3.0% 3.2% 4.5% Section C Notes to the accounts contd. Note 7 Total value of grants Unrestricted Institution Total amount BMS BUGB (Home Mission Fund) Ventzi - Aksakavo Breckland YFC Operation Mobilisation OMF WEC {Pr Dominos Te) Compassion Khaya Cheshire BU Northem Pioneer Cowordinator 8,220 8,400 3,840 600 1,200 336 300 1.500 Total 26,196, BMS is a missionary society which supports the spread of the Christian faith in other lands. The Bap115t Home Mission Fund supports the spread of the Christian Faith in this country. The gfant to Ven12e in Aksakavo enables the church to have a full-time minister Operation Mobilisab'on supports workers for missional work in Central Asia OMF supports workers for missiional work in the Far East Breckland YFC is a Christian Youth work charity based in the Breckland Area of Norfolk. WEC - a grant lo a project in Guinea-Bissau providing help and shelter to disadvantaged people. Compassion support children overseas Khaya Cheshire Supports disadvantaged children in South Africa BU Pioneer Co-ordinator supports churches to engage missionally Grantmaking costs Section C contd Note 8 Tangible Fixed Assets 8.1 Cost or valuation Church Premises Manses Furniture & Equipment Total Balan￿ brought forward Additions Revaluations Disposals 2,567,563 517,953 126,638 3,212,154 187,451 34,107i_ 9,246 230,804 Balance carried forward 2,755,014 552 060 135,884 3,442,958 8.3 Net book value Brought fotward Carried fomard 2,567,563 2,755,014 517,953 552,060 126,638 135,884 3,212,154 3,442,958 All of the fixed assets are uséd for direct charitable purposes Note 9 Debtors and prepayments Analysis of debtors Amounts falling due within one year Amounts falling due after I more than one year This year Last year This year Last year I Accrued Income Prepayments and other debtors Total 2,306.96. 4,347.17, 6,654.13 3,438 5,503 Note 10 Creditors and accruals Analysis of creditors Amounts falling due within one year Amounts falling due after more than one year This year Last year This year Last year Loans and overdrafts Other creditors Accruals and deferred income Totsl 444.14 1,908 25,241 1,144.14 2,593 21,316 25,241 10 Section C Notes to the accounts Contd Note 11 Restricted income funds 11.1 Funds held restricted income fvnds, including special trust$, of the charity IR}. Fund Name Type Purpose and Restrictions 'To pas$ on gifts intended for specific beneficiaries external to 'the charity bul whose aims mirror those of the charity. .To structurally maintain and develop the premises Youth and other organisalions manage their own accounts General ,Building Organisations 11.2 Movements of major funds Fund balancos. brought forward Fund balances,. carried for•vard ., Fund namos Incomlng fesource$ Outgoing resources Transfers Gains and losses General 5,601.81 10,273.11 21,673.51 14,200.50 4,465.38 9,495.15 18,706.00) 0.00 0.00 14,103.94 14,978.46 Buildin 0.00 Total Funds 15.874.92 35,874.01 13,960.53 0.00 0.00 29.082.40 11.3 Transfers between funds From Fund (Namel To Fund {Name) GENERAL Reason Amount GENERAL RESTRICTED GRANT TO FUND CAP EXPENDITURE 8,706 11 Section C Notes to the accounts contd. Note 12 Transactions with related parti 12.1 Romuneration and bengfrts Name of trustee or connected paty Legal authority leg order, governing document) Amounts paid or benefit value This year Last year None There are no related party transaclions in addrtion to those disclosed in note 5.1 Trustee expenses. 12.2 Loans Amount owing This year Last year j Name of trustee or connected party Due lo trustees and related parties Due from twstees and related parties None None 12.3 Other transaction(s) with trustees or related parti8s The custodian TDJStee of the church is the Baptist Union Corporation Limited which is charty number 249635. and which is controlled by Ihe Baptist Union Council. The church is also a member of the Baptist Union of Great Britain, and the Eastern Baptist Ass￿12110n. The church made a donation to the Baptist Home Mission Scheme as set out in note 7. 13. Other infomiation The church is an unincorporated charity registered in England and Wales with the Charity Commission, number 1127482 with its registered ofice at Church Annexe, Notwich Streel, Dereham, NR19 1 BX 12 Eric Southwick&co CHARTERED ACCOUNTANTS Independent Examiner's Report to the Trustees of Dereham Baptist Church I report on the accounts of the Charity for the year ended 31st December 2021. which are sel out on pages 1 10 12. Respective responsibilities of trustees and examlner The charity's trustees are responsible for the preparatson of the accounts. The eharity's Iruslees consider that an audit is not required for this year under section 144121 of the Charities Act 2011 (the 2011 Acll and that an independent examination is needed. It is my responsibility to". examine the accounts under secb'on 145 of the 2011 Act., to follow the procedures laid down in the general Directions given by the Charity Commission under section 1451Sllb) of the 2011 Act., and lo slate whether particular mallers have come to my attention. Basss of Independent examinorfs report My examination was carrled out in accordance with the general Directions given by the Charty Commission. An examination includes a review of the accounting records kept by the charity and a comparison of the accounts presented wrth those records 11 also includes consideration of any unusual items or disclosures in the accounts. and the seeking of explanations from you as trustees concerning any such mallers. The procedures undertaken do not provide all the eviclence that wtsuld be required in an audit and, consequently, no opinion Is given as lo whether the accounts present a "true and fair view, and the report is limited to the matters set out in the statement below. Independent examiner's ststgment In eonneclion with my examination, no matter has come to my attention.. 111 which gives me reasonable cause to believe that in any material respect the requirements lo keep accounting records in accordance with s130 of the 2011 Act," and lo prepare accounts which accord with the accounting records and to comply with the accounting requirements of the 2011 Act have not been met., or 12} lo which, in my opinion, attent￿￿ should be drawn in order to enable a proper understanding of the accounts to be reached. Signed.. Dale.. 17th February 2022 Eric Southwick BAIHonsl FCA FCIE DChA Eric Southwick & Co Chartered Accountsnls 51 The Avenue Seaham Co Durliam SR7 8NS 13 Eric Southwick&co CHARTERED ACCOUNTANTS Independent Examinefs Rewt to the Trwte•s of Dernlwn Baptst Church I report on the ac(xyJnts of the Charty for the year endgj 31st December 2021, wlwch are set out on pages 1 to 12. Resi￿15ve respornibillligs of Irustees and examiner an audit is not required for this year s8XkJn 144(2) oftt￿ char￿eS 2011 (Ihe 2011 A£t) and that an independert examinabon is needed. It is my resFonsibilty to.. examine the accounts under serAion 145 of the 2011 Act to follow the pro￿ureS lahj dthvn in the general DI￿￿OnS givert by the Charity commiss￿ under seclKm 1495Xb) of the 2011 Prt and Basis of indopendent examinefs report My examinat￿)n was carrted out in accordance wrth the general DirectM)ns given by the Ctwity CommiSs￿n. An examination includes a revp4V of the ac¢ounttng rec(￿ kept by the charity and a comparig)n of the accounts presented vrith bhose recorts. It also inclth consKleratb)n of any unusual items or disclosures in the accounts, and the seeking of expfanations frcyn you as trustees ccywing any s￿h matters. The procedures undertaken do not provide all the eVth￿￿ that be wuired in an audtt and. ¢onsequenty, no opinion is gwen as to the ￿CoUnts present a and fair and the report is limrted to the matteys set out in the st*merrt bekx. Independent examlmes stateme to keep acrA)unbng records in ￿)rd￿ with s130 2011 arnl 0￿pty with the accounting r4uirements of the 2011 Act have rM)t been met or (2) to whtth, in my opinion. attent￿ slKwhJ be ¢tra￿ in ¢xder a proper ofthe a¢￿Unts to re*hed. Date: 17th February 2022 Eric Soutw BAIHor£) FCA FCIE OChA Eric southw￿ & Co Chartered Accountants 51 The Avenue Seaham Co Durham SR7 8NS 13